LAMEA Wood Plastic Composites Market Size, Share & Trends Analysis Report By Type (Polyethylene, Polyvinyl Chloride, Polypropylene and Others), By Application, By Country and Growth Forecast, 2023

Description

List of Tables

The Latin America, Middle East and Africa Wood Plastic Composites Market would witness market growth of 12.2% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 660.6 kilo tonnes, showcasing a growth of 11.0% (2023-2030).

Polyethylene plays a crucial role in the wood plastic composites (WPC) market as it serves as one of the primary plastic components in these composite materials. In WPC production, polyethylene, a type of plastic derived from ethylene, is often used as a matrix or binder that holds together the wood fibers or flour. Its versatility allows it to be combined with wood particles in various forms, such as pellets or powders, to create a homogeneous mixture. Therefore, the Brazil market consumes 67.5 kilo tonnes of Polyethylene in 2022.

The Brazil market dominated the LAMEA Wood Plastic Composites Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $234.4 Million by 2030. The Argentina market is showcasing a CAGR of 13.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 12.4% during (2023 - 2030).

Design innovation and customization drive demand for WPC as manufacturers seek to differentiate their products through unique aesthetics, textures, colors, and finishes. WPCs offer design flexibility and versatility, allowing for replicating natural wood grain patterns, embossed textures, and customized surface treatments to meet diverse architectural and consumer preferences.

Customization of color options and finishes allows WPC manufacturers to offer personalized solutions tailored to individual preferences and project requirements. Colors ranging from earthy tones reminiscent of natural landscapes to vivid tints that enliven outdoor areas are among the many options for selecting and personalizing WPCs. Additionally, innovative finishing techniques such as matte, gloss, or semi-transparent coatings enhance WPC products' durability, UV resistance, and longevity while maintaining aesthetic appeal and color vibrancy over time.

Saudi Arabia has increasingly prioritized sustainability and environmental conservation as part of its national agenda and Vision 2030 objectives. As per the data from the International Trade Administration, the automotive sector in the Middle East and North Africa (MENA) region is currently experiencing a 36% growth rate, with Saudi Arabia emerging as the primary industry in the area. Saudi Arabia accounted for approximately 52% of vehicles sold in the Gulf Cooperation Council and 35% of vehicles sold in the MENA region in 2020. In 2019, 556 thousand vehicles were sold in Saudi Arabia; in 2020, 436 thousand vehicles were sold. The projected sales figure by 2025 is 543,000 units. Therefore, with the growing construction and automotive sectors in LAMEA, there will be increased demand in the regional market.

Based on Type, the market is segmented into Polyethylene, Polyvinyl Chloride, Polypropylene and Others. Based on Application, the market is segmented into Building & Construction, Automotive Components, Industrial & Consumer Products and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

Trex Company, Inc.
The AZEK Company Inc. (TimberTech)
Fortune Brands Innovations, Inc.
Dow, Inc.
UFP Industries, Inc.
Renolit SE
AIMPLAS
JELU-WERK J. Ehrler GmbH & Co. KG
FKuR Kunststoff GmbH
Beologic

LAMEA Wood Plastic Composites Market Report Segmentation

By Type (Volume, kilo Tonnes, USD Billion, 2019-2030)

Polyethylene
Polyvinyl Chloride
Polypropylene
Others

By Application (Volume, kilo Tonnes, USD Billion, 2019-2030)

Building & Construction
Automotive Components
Industrial & Consumer Products
Others

By Country (Volume, kilo Tonnes, USD Billion, 2019-2030)

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1LAMEA Wood Plastic Composites Market, by Type
- 1.4.2LAMEA Wood Plastic Composites Market, by Application
- 1.4.3LAMEA Wood Plastic Composites Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
3.3Porter's Five Forces Analysis

Chapter 4.Strategies deployed in Wood Plastic Composites Market

Chapter 5.LAMEA Wood Plastic Composites Market, by Type

5.1LAMEA Polyethylene Market, by Country
5.2LAMEA Polyvinyl Chloride Market, by Country
5.3LAMEA Polypropylene Market, by Country
5.4LAMEA Others Market, by Country

Chapter 6.LAMEA Wood Plastic Composites Market, by Application

6.1LAMEA Building & Construction Market, by Country
6.2LAMEA Automotive Components Market, by Country
6.3LAMEA Industrial & Consumer Products Market, by Country
6.4LAMEA Others Market, by Country

Chapter 7.LAMEA Wood Plastic Composites Market, by Country

7.1Brazil Wood Plastic Composites Market
- 7.1.1Brazil Wood Plastic Composites Market, by Type
- 7.1.2Brazil Wood Plastic Composites Market, by Application
7.2Argentina Wood Plastic Composites Market
- 7.2.1Argentina Wood Plastic Composites Market, by Type
- 7.2.2Argentina Wood Plastic Composites Market, by Application
7.3UAE Wood Plastic Composites Market
- 7.3.1UAE Wood Plastic Composites Market, by Type
- 7.3.2UAE Wood Plastic Composites Market, by Application
7.4Saudi Arabia Wood Plastic Composites Market
- 7.4.1Saudi Arabia Wood Plastic Composites Market, by Type
- 7.4.2Saudi Arabia Wood Plastic Composites Market, by Application
7.5South Africa Wood Plastic Composites Market
- 7.5.1South Africa Wood Plastic Composites Market, by Type
- 7.5.2South Africa Wood Plastic Composites Market, by Application
7.6Nigeria Wood Plastic Composites Market
- 7.6.1Nigeria Wood Plastic Composites Market, by Type
- 7.6.2Nigeria Wood Plastic Composites Market, by Application
7.7Rest of LAMEA Wood Plastic Composites Market
- 7.7.1Rest of LAMEA Wood Plastic Composites Market, by Type
- 7.7.2Rest of LAMEA Wood Plastic Composites Market, by Application

Chapter 8.Company Profiles

8.1Trex Company, Inc.
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Segmental Analysis
- 8.1.4Research & Development Expenses
- 8.1.5Recent strategies and developments:
  - 8.1.5.1Product Launches and Product Expansions:
  - 8.1.5.2Geographical Expansions:
- 8.1.6SWOT Analysis
8.2The AZEK Company Inc. (TimberTech)
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental Analysis
- 8.2.4Research & Development Expenses
- 8.2.5Recent strategies and developments:
  - 8.2.5.1Product Launches and Product Expansions:
- 8.2.6SWOT Analysis
8.3Fortune Brands Innovations, Inc.
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4Research & Development Expenses
8.4Dow, Inc.
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Segmental and Regional Analysis
- 8.4.4Research & Development Expenses
- 8.4.5Recent strategies and developments:
  - 8.4.5.1Partnerships, Collaborations, and Agreements:
- 8.4.6SWOT Analysis
8.5UFP Industries, Inc.
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental and Regional Analysis
- 8.5.4Recent strategies and developments:
  - 8.5.4.1Product Launches and Product Expansions:
  - 8.5.4.2Acquisition and Mergers:
- 8.5.5SWOT Analysis
8.6Renolit SE
- 8.6.1Company Overview
- 8.6.2Recent strategies and developments:
  - 8.6.2.1Geographical Expansions:
- 8.6.3SWOT Analysis
8.7AIMPLAS
- 8.7.1Company Overview
8.8JELU-WERK J. Ehrler GmbH & Co. KG
- 8.8.1Company Overview
- 8.8.2SWOT Analysis
8.9FKuR Kunststoff GmbH
- 8.9.1Company Overview
- 8.9.2SWOT Analysis
8.10.Beologic
- 8.10.1Company Overview
- 8.10.2SWOT Analysis

LIST OF TABLES

TABLE 1LAMEA Wood Plastic Composites Market, 2019 - 2022, USD Million
TABLE 2LAMEA Wood Plastic Composites Market, 2023 - 2030, USD Million
TABLE 3LAMEA Wood Plastic Composites Market, 2019 - 2022, Kilo Tonnes
TABLE 4LAMEA Wood Plastic Composites Market, 2023 - 2030, Kilo Tonnes
TABLE 5LAMEA Wood Plastic Composites Market, by Type, 2019 - 2022, USD Million
TABLE 6LAMEA Wood Plastic Composites Market, by Type, 2023 - 2030, USD Million
TABLE 7LAMEA Wood Plastic Composites Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 8LAMEA Wood Plastic Composites Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 9LAMEA Polyethylene Market, by Country, 2019 - 2022, USD Million
TABLE 10LAMEA Polyethylene Market, by Country, 2023 - 2030, USD Million
TABLE 11LAMEA Polyethylene Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 12LAMEA Polyethylene Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 13LAMEA Polyvinyl Chloride Market, by Country, 2019 - 2022, USD Million
TABLE 14LAMEA Polyvinyl Chloride Market, by Country, 2023 - 2030, USD Million
TABLE 15LAMEA Polyvinyl Chloride Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 16LAMEA Polyvinyl Chloride Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 17LAMEA Polypropylene Market, by Country, 2019 - 2022, USD Million
TABLE 18LAMEA Polypropylene Market, by Country, 2023 - 2030, USD Million
TABLE 19LAMEA Polypropylene Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 20LAMEA Polypropylene Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 21LAMEA Others Market, by Country, 2019 - 2022, USD Million
TABLE 22LAMEA Others Market, by Country, 2023 - 2030, USD Million
TABLE 23LAMEA Others Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 24LAMEA Others Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 25LAMEA Wood Plastic Composites Market, by Application, 2019 - 2022, USD Million
TABLE 26LAMEA Wood Plastic Composites Market, by Application, 2023 - 2030, USD Million
TABLE 27LAMEA Wood Plastic Composites Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 28LAMEA Wood Plastic Composites Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 29LAMEA Building & Construction Market, by Country, 2019 - 2022, USD Million
TABLE 30LAMEA Building & Construction Market, by Country, 2023 - 2030, USD Million
TABLE 31LAMEA Building & Construction Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 32LAMEA Building & Construction Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 33LAMEA Automotive Components Market, by Country, 2019 - 2022, USD Million
TABLE 34LAMEA Automotive Components Market, by Country, 2023 - 2030, USD Million
TABLE 35LAMEA Automotive Components Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 36LAMEA Automotive Components Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 37LAMEA Industrial & Consumer Products Market, by Country, 2019 - 2022, USD Million
TABLE 38LAMEA Industrial & Consumer Products Market, by Country, 2023 - 2030, USD Million
TABLE 39LAMEA Industrial & Consumer Products Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 40LAMEA Industrial & Consumer Products Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 41LAMEA Others Market, by Country, 2019 - 2022, USD Million
TABLE 42LAMEA Others Market, by Country, 2023 - 2030, USD Million
TABLE 43LAMEA Others Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 44LAMEA Others Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 45LAMEA Wood Plastic Composites Market, by Country, 2019 - 2022, USD Million
TABLE 46LAMEA Wood Plastic Composites Market, by Country, 2023 - 2030, USD Million
TABLE 47LAMEA Wood Plastic Composites Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 48LAMEA Wood Plastic Composites Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 49Brazil Wood Plastic Composites Market, 2019 - 2022, USD Million
TABLE 50Brazil Wood Plastic Composites Market, 2023 - 2030, USD Million
TABLE 51Brazil Wood Plastic Composites Market, 2019 - 2022, Kilo Tonnes
TABLE 52Brazil Wood Plastic Composites Market, 2023 - 2030, Kilo Tonnes
TABLE 53Brazil Wood Plastic Composites Market, by Type, 2019 - 2022, USD Million
TABLE 54Brazil Wood Plastic Composites Market, by Type, 2023 - 2030, USD Million
TABLE 55Brazil Wood Plastic Composites Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 56Brazil Wood Plastic Composites Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 57Brazil Wood Plastic Composites Market, by Application, 2019 - 2022, USD Million
TABLE 58Brazil Wood Plastic Composites Market, by Application, 2023 - 2030, USD Million
TABLE 59Brazil Wood Plastic Composites Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 60Brazil Wood Plastic Composites Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 61Argentina Wood Plastic Composites Market, 2019 - 2022, USD Million
TABLE 62Argentina Wood Plastic Composites Market, 2023 - 2030, USD Million
TABLE 63Argentina Wood Plastic Composites Market, 2019 - 2022, Kilo Tonnes
TABLE 64Argentina Wood Plastic Composites Market, 2023 - 2030, Kilo Tonnes
TABLE 65Argentina Wood Plastic Composites Market, by Type, 2019 - 2022, USD Million
TABLE 66Argentina Wood Plastic Composites Market, by Type, 2023 - 2030, USD Million
TABLE 67Argentina Wood Plastic Composites Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 68Argentina Wood Plastic Composites Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 69Argentina Wood Plastic Composites Market, by Application, 2019 - 2022, USD Million
TABLE 70Argentina Wood Plastic Composites Market, by Application, 2023 - 2030, USD Million
TABLE 71Argentina Wood Plastic Composites Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 72Argentina Wood Plastic Composites Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 73UAE Wood Plastic Composites Market, 2019 - 2022, USD Million
TABLE 74UAE Wood Plastic Composites Market, 2023 - 2030, USD Million
TABLE 75UAE Wood Plastic Composites Market, 2019 - 2022, Kilo Tonnes
TABLE 76UAE Wood Plastic Composites Market, 2023 - 2030, Kilo Tonnes
TABLE 77UAE Wood Plastic Composites Market, by Type, 2019 - 2022, USD Million
TABLE 78UAE Wood Plastic Composites Market, by Type, 2023 - 2030, USD Million
TABLE 79UAE Wood Plastic Composites Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 80UAE Wood Plastic Composites Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 81UAE Wood Plastic Composites Market, by Application, 2019 - 2022, USD Million
TABLE 82UAE Wood Plastic Composites Market, by Application, 2023 - 2030, USD Million
TABLE 83UAE Wood Plastic Composites Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 84UAE Wood Plastic Composites Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 85Saudi Arabia Wood Plastic Composites Market, 2019 - 2022, USD Million
TABLE 86Saudi Arabia Wood Plastic Composites Market, 2023 - 2030, USD Million
TABLE 87Saudi Arabia Wood Plastic Composites Market, 2019 - 2022, Kilo Tonnes
TABLE 88Saudi Arabia Wood Plastic Composites Market, 2023 - 2030, Kilo Tonnes
TABLE 89Saudi Arabia Wood Plastic Composites Market, by Type, 2019 - 2022, USD Million
TABLE 90Saudi Arabia Wood Plastic Composites Market, by Type, 2023 - 2030, USD Million
TABLE 91Saudi Arabia Wood Plastic Composites Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 92Saudi Arabia Wood Plastic Composites Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 93Saudi Arabia Wood Plastic Composites Market, by Application, 2019 - 2022, USD Million
TABLE 94Saudi Arabia Wood Plastic Composites Market, by Application, 2023 - 2030, USD Million
TABLE 95Saudi Arabia Wood Plastic Composites Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 96Saudi Arabia Wood Plastic Composites Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 97South Africa Wood Plastic Composites Market, 2019 - 2022, USD Million
TABLE 98South Africa Wood Plastic Composites Market, 2023 - 2030, USD Million
TABLE 99South Africa Wood Plastic Composites Market, 2019 - 2022, Kilo Tonnes
TABLE 100South Africa Wood Plastic Composites Market, 2023 - 2030, Kilo Tonnes
TABLE 101South Africa Wood Plastic Composites Market, by Type, 2019 - 2022, USD Million
TABLE 102South Africa Wood Plastic Composites Market, by Type, 2023 - 2030, USD Million
TABLE 103South Africa Wood Plastic Composites Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 104South Africa Wood Plastic Composites Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 105South Africa Wood Plastic Composites Market, by Application, 2019 - 2022, USD Million
TABLE 106South Africa Wood Plastic Composites Market, by Application, 2023 - 2030, USD Million
TABLE 107South Africa Wood Plastic Composites Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 108South Africa Wood Plastic Composites Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 109Nigeria Wood Plastic Composites Market, 2019 - 2022, USD Million
TABLE 110Nigeria Wood Plastic Composites Market, 2023 - 2030, USD Million
TABLE 111Nigeria Wood Plastic Composites Market, 2019 - 2022, Kilo Tonnes
TABLE 112Nigeria Wood Plastic Composites Market, 2023 - 2030, Kilo Tonnes
TABLE 113Nigeria Wood Plastic Composites Market, by Type, 2019 - 2022, USD Million
TABLE 114Nigeria Wood Plastic Composites Market, by Type, 2023 - 2030, USD Million
TABLE 115Nigeria Wood Plastic Composites Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 116Nigeria Wood Plastic Composites Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 117Nigeria Wood Plastic Composites Market, by Application, 2019 - 2022, USD Million
TABLE 118Nigeria Wood Plastic Composites Market, by Application, 2023 - 2030, USD Million
TABLE 119Nigeria Wood Plastic Composites Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 120Nigeria Wood Plastic Composites Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 121Rest of LAMEA Wood Plastic Composites Market, 2019 - 2022, USD Million
TABLE 122Rest of LAMEA Wood Plastic Composites Market, 2023 - 2030, USD Million
TABLE 123Rest of LAMEA Wood Plastic Composites Market, 2019 - 2022, Kilo Tonnes
TABLE 124Rest of LAMEA Wood Plastic Composites Market, 2023 - 2030, Kilo Tonnes
TABLE 125Rest of LAMEA Wood Plastic Composites Market, by Type, 2019 - 2022, USD Million
TABLE 126Rest of LAMEA Wood Plastic Composites Market, by Type, 2023 - 2030, USD Million
TABLE 127Rest of LAMEA Wood Plastic Composites Market, by Type, 2019 - 2022, Kilo Tonnes
TABLE 128Rest of LAMEA Wood Plastic Composites Market, by Type, 2023 - 2030, Kilo Tonnes
TABLE 129Rest of LAMEA Wood Plastic Composites Market, by Application, 2019 - 2022, USD Million
TABLE 130Rest of LAMEA Wood Plastic Composites Market, by Application, 2023 - 2030, USD Million
TABLE 131Rest of LAMEA Wood Plastic Composites Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 132Rest of LAMEA Wood Plastic Composites Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 133Key Information - Trex Company, Inc.
TABLE 134Key Information - The AZEK Company Inc.
TABLE 135Key Information - Fortune Brands Innovations, Inc.
TABLE 136Key Information - Dow, Inc.
TABLE 137Key Information - UFP Industries, Inc.
TABLE 138Key Information - Renolit SE
TABLE 139Key Information - AIMPLAS
TABLE 140Key Information - JELU-WERK J. Ehrler GmbH & Co. KG
TABLE 141Key Information - FKuR Kunststoff GmbH
TABLE 142Key Information - Beologic

LAMEA Wood Plastic Composites Market Size, Share & Trends Analysis Report By Type (Polyethylene, Polyvinyl Chloride, Polypropylene and Others), By Application, By Country and Growth Forecast, 2023 - 2030